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I had the pleasure of celebrating my 27th year of gift planning in 2021 and I have never experienced anything like the flow of new noncash gifts, trending now.  Even amid the pandemic, donors had/have dozens of very rationale reasons not to give, yet last year set records across the board.  And this year looks to…

Gift annuities (CGAs) have existed in the US for more than 150 years (and in Europe since the Middle Ages)! While they are the most popular form of life income gift by far, many fundraisers and professional advisors receive little to no formal education about what they are and how they work.  For donors, CGAs represent…

Since starting this webinar series, I have enjoyed writing and speaking about timely tax issues, unique gift transactions or hot asset classes. This month, I want to talk about “sharpening the saw” by embarking on a CAP® designation. Even if you have already earned it, you now have 2,300 fellow CAP alumni! This session will…

Gift annuities are the oldest, simplest, and most popular life income giving vehicle (there are more gift annuities than all other split interest gifts combined!).  But that doesn’t mean they can’t provide solutions to complex assets or planning goals.  Last month, we at Charitable Solutions, LLC, discussed The Now-N-Later Impact CGA, The Testamentary Stretch IRA…

Three Advanced CGA Applications The Now-N-Later Impact CGA, Testamentary Stretch IRA CGA and Crypto CGA Gift annuities are the oldest, simplest and most popular life income giving vehicle (there are more gift annuities than all other split interest gifts combined!).  But that doesn’t mean they can’t provide solutions to complex assets or planning goals.  In…

Most of us are aware that IRS will disallow a claimed deduction for a noncash contribution in excess of $5k, other than marketable securities, unless it is supported by a “qualified appraisal.” But what exactly does that mean? When is an appraisal not “qualified”? Who is or is not a “qualified” appraiser? If the gift…

One year ago, many of you probably didn’t know there was even such a thing as a Zoom consultant.  And you probably had also never heard of Special Purpose Acquisition Company (SPAC), a Private Investment in Public Equity (PIPE) or a Non-Fungible Token (NFT).  Your donors/clients not only expect you to know what these vehicles…

What It Is, What It Isn’t, When It Works and When It Doesn’t With so much economic volatility over the last 15 years, charities are increasingly exploring reinsurance as a risk management strategy for gift annuities.  While it is a relatively simple concept, charities and advisors have erroneous preconceived notions about the viability of reinsurance…

The most recent donor data comes from 2018 where individual taxpayers reported noncash contributions totaling $83.5 billion, more than a third of all income tax charitable deductions reported that year. Nearly all of this was almost certainly unrealized long-term gain. As gift planners are aware, the tax Code provides strong incentives for contributions of appreciated property.…